Would you want a type of Auction House in Destiny? Personally for me, no. After seeing what it did to Diablo, I really don't want any type of Auction House. An open market place where people can interact and sell their items and loot is much better in my opinion.
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The market area isn't a bad idea, but I kind of like the Auction House more. It does lead to economic issues, but the marketplace is just... Hard to pull off. Maybe I'm just ancient, but did anyone here play Everquest 1? People sold through chat, and messages were flying by so quickly you couldn't even read a line before it left the chat box. In other words, I'm Pro-Auction House, but only if executed correctly. Rift wasn't a huge success, but their auction system rocked. Auctioning was expensive. It made people want to sell by chat, so you found a strong balance of both, and if fees got inflated, you had to pay more gold if you posted something for more. I would love to see a strong, rigid, self-sustaining economy like that, that has emphasis on both types of sale.